BLUEBOX CENTER: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
BLUEBOX CENTER
Largest movements
- Tangible fixed assets -€16,976
down €16,976 (-22.7%), from €74,675 to €57,699
of which Plant, machinery and equipment: -€18,607
- Cash -€15,199
down €15,199 (-66.0%), from €23,043 to €7,845
mainly Debts after one year (-€26,449) and Current portion of long-term debt (-€5,802)
- Receivables within one year +€2,075
up €2,075 (+48.6%), from €4,268 to €6,343
of which Trade receivables: +€1,536
- Debts after one year -€26,449
no longer reported in 2025 (was €26,449)
- Reserves +€6,042
up €6,042 (+17.4%), from €34,766 to €40,807
- Current portion of long-term debt -€5,802
down €5,802 (-34.9%), from €16,613 to €10,812
- Tax, wage and social debts -€4,907
down €4,907 (-99.9%), from €4,912 to €5
- Gross operating margin -€9,070
down €9,070 (-20.7%), from €43,731 to €34,661
- Depreciation +€2,550
up €2,550 (+13.9%), from €18,379 to €20,929
- Financial charges -€826
down €826 (-67.7%), from €1,221 to €394
- Other operating charges +€520
up €520 (+11.0%), from €4,715 to €5,235
- Taxes -€495
down €495 (-19.0%), from €2,611 to €2,116
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €105,612 | €74,468 | -€31,144 | -29.5% |
| Fixed assets | 21/28 | €76,590 | €58,614 | -€17,976 | -23.5% |
| Intangible fixed assets | 21 | €1,915 | €915 | -€1,000 | -52.2% |
| Tangible fixed assets | 22/27 | €74,675 | €57,699 | -€16,976 | -22.7% |
| Plant, machinery and equipment | 23 | €74,675 | €56,069 | -€18,607 | -24.9% |
| Furniture and vehicles | 24 | - | €1,630 | +€1,630 | |
| Current assets | 29/58 | €29,021 | €15,853 | -€13,168 | -45.4% |
| Stocks and contracts in progress | 3 | €823 | €804 | -€19 | -2.3% |
| Stocks | 30/36 | €823 | €804 | -€19 | -2.3% |
| Amounts receivable within one year | 40/41 | €4,268 | €6,343 | +€2,075 | +48.6% |
| Trade receivables | 40 | €1,970 | €3,506 | +€1,536 | +78.0% |
| Other amounts receivable | 41 | €2,298 | €2,837 | +€538 | +23.4% |
| Cash at bank and in hand | 54/58 | €23,043 | €7,845 | -€15,199 | -66.0% |
| Deferred charges and accrued income | 490/1 | €887 | €862 | -€25 | -2.8% |
| Total equity and liabilities | 10/49 | €105,612 | €74,468 | -€31,144 | -29.5% |
| Equity | 10/15 | €54,766 | €60,807 | +€6,042 | +11.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €34,766 | €40,807 | +€6,042 | +17.4% |
| Distributable reserves | 133 | €34,766 | €40,807 | +€6,042 | +17.4% |
| Amounts payable | 17/49 | €50,846 | €13,660 | -€37,186 | -73.1% |
| Amounts payable after more than one year | 17 | €26,449 | - | -€26,449 | |
| Financial debts | 170/4 | €26,449 | - | -€26,449 | |
| Amounts payable within one year | 42/48 | €24,397 | €13,638 | -€10,759 | -44.1% |
| Current portion of amounts payable after more than one year | 42 | €16,613 | €10,812 | -€5,802 | -34.9% |
| Trade debts | 44 | €2,864 | €2,199 | -€664 | -23.2% |
| Suppliers | 440/4 | €2,864 | €2,199 | -€664 | -23.2% |
| Taxes, remuneration and social security | 45 | €4,912 | €5 | -€4,907 | -99.9% |
| Taxes | 450/3 | €4,912 | €5 | -€4,907 | -99.9% |
| Other amounts payable | 47/48 | €9 | €623 | +€614 | +7,122% |
| Accrued charges and deferred income | 492/3 | - | €22 | +€22 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,379 | €20,929 | +€2,550 | +13.9% |
| Other operating charges | 640/8 | €4,715 | €5,235 | +€520 | +11.0% |
| Non-recurring operating charges | 66A | €6,650 | - | -€6,650 | |
| Gross operating margin | 9900 | €43,731 | €34,661 | -€9,070 | -20.7% |
| Operating profit (loss) | 9901 | €13,987 | €8,496 | -€5,491 | -39.3% |
| Financial income | 75/76B | €84 | €56 | -€29 | -33.9% |
| Recurring financial income | 75 | €84 | €56 | -€29 | -33.9% |
| Financial charges | 65/66B | €1,221 | €394 | -€826 | -67.7% |
| Recurring financial charges | 65 | €1,221 | €394 | -€826 | -67.7% |
| Profit (loss) for the period before taxes | 9903 | €12,850 | €8,157 | -€4,693 | -36.5% |
| Income taxes | 67/77 | €2,611 | €2,116 | -€495 | -19.0% |
| Profit (loss) for the period | 9904 | €10,240 | €6,042 | -€4,198 | -41.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,240 | €6,042 | -€4,198 | -41.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.